International Workplace Group, which operates co-working office spaces Regus and Spaces in India, will open six centres in the next 7-8 months under the brand Spaces.

At the launch of a Spaces facility in Chennai, Harsh Lambah, Country Manager, Regus, said the company will launch Spaces in Mumbai next, and will expand to Bengaluru, Pune, Hyderabad and Kolkata subsequently. The firm has a facility in New Delhi.

The Chennai facility, that can be availed at ₹14,000 and ₹10,000 per month, has 421 work station and 60 private offices.

In a survey the company conducted, it was found that over 55 per cent of desks are empty at any point of time in a company. “This is a huge opportunity for us,” Lambah said.

He said, with work becoming more cloud-based, people are now willing to look at alternatives.

Co-working spaces are cheaper than leasing a place for years together, gives them the flexibility to sign up for a shorter time.

Related Topics